DEL MAR  A huge red tent used for Valitar, the now defunct equine-human acrobatics show at the Del Mar Fairgrounds, is set to be sold at an auction Jan. 29.

The show’s producers closed the show on Nov. 21 after just a handful of performances, citing slow ticket sales. The tent has been sitting on the fairgrounds’ main parking lot ever since.

Fairground officials say they have absorbed maintenance and security costs for the tent. Moreover, the fairgrounds has lost revenue because it has been unable to book events on the site, officials have said.

The fairgrounds is one of dozens of vendors, performers and employees, who say they were left unpaid after the show’s producer, Mark Remley and his production company Equustria Development Inc., filed for bankruptcy protection in December. A meeting with the creditors scheduled for Wednesday at the Office of the U.S. Trustee in San Diego was postponed until February.

The tent is said to be worth millions. The auction includes the main show tent and four other smaller tents: a stable tent, concession tent, a VIP tent and a performer’s tent.

The auction is scheduled to begin at 10 a.m. at the fairgrounds, said Linda Zweig, a spokeswoman for the fairgrounds.